MALAITA Province has expressed its gratitude to the New Zealand Government for its support in completing the geotechnical studies for the Bina Harbour Tuna Processing Plant Project.
The successful completion of these studies marks a significant step forward for the ambitious project, which is considered crucial to addressing several of the country’s pressing challenges, including unemployment and limited economic opportunities.
Malaita Premier Elijah Asilaua, on the floor of Malaita Province Assembly during the 2024/2025 Budget Meeting, emphasised that despite the project’s delay over the years, Bina Harbour remains essential to the national economy.
“We acknowledge the New Zealand Government for supporting the geotechnical studies that have been successfully completed for the Bina Harbour Tuna Processing Plant Project,” he said.
On that note, Premier Asilaua urged all leaders to continue advocating for the project’s progress, highlighting its potential to create jobs, reduce urban migration and stimulate a thriving private sector with improved commercial value chains.
“This project will provide more employment opportunities and reduce high urban migration. It will boost a productive private sector, offering better marketing avenues and enhancing our revenue sources,” he added.
In addition to creating jobs, the Bina Harbour Tuna Processing Plant is expected to drive economic growth across various sectors, including social infrastructure such as roads, water supply, power and education services.
According to reports, the project is projected to generate an estimated USD 400 million in value over 15 years and create more than 1,600 direct jobs.
This makes it the largest development initiative since the Solomon Islands gained independence 45 years ago.
The Bina Harbour Tuna Processing Plant Project represents a pivotal opportunity to revitalise the nation’s economy and provide sustainable long-term benefits for the people of Malaita and beyond.
By SOLOMON LOFANA
Solomon Star, Auki
